$480 ▲ +20.0%
Higher than 90% of suburb / locality areas.
- 2011: $400
- 2016: $500
- 2021: $480
Median weekly rent paid by households renting their home.
Lane Cove North · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
High living costs define the housing market in Lane Cove North, where typical weekly rents are well above the national figure. The area has a high proportion of renters and apartment dwellers, with a small number of separate houses compared to other parts of the country.
All suburb / locality areas, 2021. The marker is Lane Cove North — higher than 90% of areas.
| Lane Cove North | $480 |
|---|---|
| 2066, NSW | $520 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $480, which is well above the national figure of $375. For those with a mortgage, the typical monthly payment is $2,600, a little above the New South Wales figure.
$480 ▲ +20.0%
Higher than 90% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,600 ▲ +4.0%
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Lane Cove North, $350–$549 is the majority at 54%; $550–$749 is next at 25%.
Lane Cove North splits fairly evenly between $3,000 or more (40%) and $1,800–$2,999 (38%), with $1,000–$1,799 at 13%.
How homes are owned or rented.
Renting is common here, with 39.9% of households renting, which is well above the national figure of 30.6%. Conversely, homes owned outright make up 20.8%, far below the Australian average of 31.0%.
39.9% ▲ +3.2%
Higher than 88% of suburb / locality areas.
Share of occupied private dwellings that are rented.
20.8% ▼ -10.1%
Lower than 89% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Lane Cove North splits fairly evenly between Rented (40%) and Owned with a mortgage (37%), with Owned outright at 21%.
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 70.8% of homes, while separate houses are far below the national figure at 23.0%. Because of this, homes with three or more bedrooms are much less common than usual, though there are slightly more people per bedroom than in other areas.
1.00 ▼ -16.7%
Higher than 89% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
23.0% ▼ -28.0%
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
35.4% ▼ -14.9%
Lower than 98% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lane Cove North, Flat or apartment is the majority at 71%; Separate house is next at 23%.
In Lane Cove North, the largest group is 2 bedrooms at 47%, followed by 3 bedrooms (22%) and 1 bedroom (16%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lane Cove North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12276/lane-cove-north/topic/housing-dwellings